Allied Market Research

Tubatoxin is a naturally occurring chemical found in certain plants such as Derris and Lonchocarpus. It is commercially used as an insecticide and pesticide owing to its insecticidal and pesticidal properties. In addition, it is used as a piscicide. Tubatoxin has been used as an organic pesticide in gardens and cultivation fields.

Portland, OR -- (SBWIRE) -- 09/06/2017 -- Increase in demand for organic pesticide and insecticide fuels the demand for tubatoxin, thereby driving the growth of the market. Furthermore, tubatoxin can be used as a piscicide and acaricide, which is expected to provide lucrative opportunity for market growth. However, high cost of extraction of tubatoxin hinders the market growth.

The tubatoxin market is segmented on the basis of application and geography. By application, the market is classified into acaricide, insecticide, piscicide, and pesticide. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.